Open space lovers rejoice. The City of Hoboken announced that it has entered into an agreement with the owners of a property at 1st Street and Jackson Street to demolish a derelict building damaged by fire in 2012 and to give the City a 20-year open space easement on two lots located across the street from that property to create a new park.

Here’s a Google maps view of the area as it now exists:

The full details and particulars are contained in the press release copied below. But we couldn’t be more for tearing down decrepit buildings and replacing them with open space or newer, greener construction. Cities crumble when blight becomes rampant.  We thank our Mayor and city council for working towards improving Hoboken and making it a better place to live.

Press Release:

The City of Hoboken has negotiated an agreement with the owners of property at 1st Street and Jackson Street to demolish a derelict building damaged by fire in 2012 and to give the City a 20-year open space easement on two lots located across the street from that property. The agreement follows years of litigation with the property owner as well as a $67,000 tax lien which was previously imposed against the property by the City when the owner failed to properly maintain the site. The City Council authorized execution of this agreement last evening, and the City Administration is in the final stages of its due diligence prior to execution of the agreement. 
 
“These neglected properties have been a nuisance and drag on the neighborhood for too long,” said Mayor Dawn Zimmer. “Through this agreement, we will finally clean up this eyesore and bring some green space to the area. I look forward to working with residents and hearing their ideas for how to develop this neighborhood park.”
 
Under the agreement, the City will obtain a 20 year easement and will pay to remediate the lot and build a park on the property, a percentage of which will be reimbursable to the City if the property owner disrupts the easement at any point in time before the end of the 20 year term. After 20 years, control of the property will return to the owner. Upon full execution and recording of the easement agreement, the City intends to schedule a community meeting to solicit ideas for planning the park.
 
The agreement also requires the property owner to demolish the structure at 605-615 1st Street, formerly Nardine’sRestaurant. If the property owner does not demolish the remaining structure by April 2016, the City will have the authority to go onto the property and demolish the structure.
 
“For the last several years I have been advocating on behalf of our neighborhood for a solution to the quality of life issue regarding the properties at 1st Street and Jackson Street,” said Councilman Tim Occhipinti. “I’m thankful to Mayor Zimmer and my Council colleagues for working with me in finding an amicable resolution which adds much-needed open space in our neighborhood.”